Paychex Thrive Week in Review: Modest Employment Growth, PIPs on Rise, Benefits of Small Businesses

Notable news items for the week of December 9, 2024

This week, Paychex’s Small Business Employment Watch indicates U.S. small business job growth remained steady over the past 11 months; The Wall Street Journal reports there’s been a rise in performance improvement plans (PIP) — I report on how are businesses are using them; and recent data from Nerd Wallet shows that nearly 20% of people in the U.S. own small businesses and that 72% want to own a second one.

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